Latest news with #MayorsforaGuaranteedIncome
Yahoo
13-05-2025
- Business
- Yahoo
TWENTY GUARANTEED INCOME STUDIES SHOW INCREASED EMPLOYMENT, BETTER FINANCIAL STABILITY AND OTHER KEY BENEFITS
WASHINGTON, May 13, 2025 /PRNewswire/ -- A total of twenty academic studies have found guaranteed income programs led to several key benefits, including higher rates of employment, improved financial stability, better housing and food security, and more time spent together as families. A guaranteed income refers to monthly cash payments made to low-income individuals, with no strings attached. Nearly 200 cities are or have recently run guaranteed income pilots, and 72 of those are affiliated with Mayors for a Guaranteed Income (MGI), a network of mayors, city and county officials, and state legislators dedicated to creating best practices for this policy intervention. Several leading research institutions have collaborated with MGI cities and counties to conduct rigorous mixed-methods research studies of these guaranteed income pilots, and full results have been released for 20 cities whose pilots have completed. Key trends include: Employment: Not a single pilot has shown decreased employment among recipients of guaranteed income, and the vast majority of pilots have shown increased rates of full-time employment. This disproves the most common criticism from opponents. Research shows that recurring cash helps recipients afford childcare in order to work, secure transportation to their job, invest in professional licenses to improve their employment prospects, and take time off to interview for a better job. Financial resilience: Practically every pilot has seen a temporary or sustained increase in the financial stability and resilience of people receiving guaranteed income. The populations receiving guaranteed income varied from pilot to pilot, but all extremely financially vulnerable. Many recipients reported that they were able to pay down debt, save for emergencies, and increase their household income. Housing & Food Security: The vast majority of pilots have improved either housing security, food security, or both. Considering the post-COVID years have seen sharp increases in the cost of both food and housing, while wages have remained largely static, this finding indicates that guaranteed income helps recipients weather tough economic conditions. Physical & Mental Health: In many studies, recipients demonstrated reduced stress, less chaotic home environments, and better mental health. An increased sense of agency and hopefulness was a common finding. In several cities, the recurring cash payments helped recipients seek needed medical care for themselves and engage in other health-promoting behaviors, and some showed improved physical health. Parenting & Caretaking: Increased parent-child time is another common finding, and several cities have demonstrated better outcomes for children because of it. The 20 pilots randomly selected a fixed number of people to receive guaranteed income out of a larger pool of qualified applicants, and most included a control group of people randomly selected from the same applicant pool. Most pilots were based on income level alone, but some programs were targeted to specific, vulnerable populations, such as single parents and caregivers, people experiencing homelessness, foster youth transitioning out of state care, and people who are formerly incarcerated. Some cities asked researchers to examine other public health markers that were a local priority. In Los Angeles, CA, researchers found that guaranteed income helped recipients escape or avoid situations of intimate partner violence and abuse. In Cambridge, MA, children of parents receiving guaranteed income had fewer school disciplinary actions and fewer instances of absenteeism and truancy, and more children placed in the Advanced Placement classes, compared to children of parents in the control group. In Oakland, CA, recipients were able to attend parent-teacher and school meetings at a higher rate, and their children were more likely to receive A-grades across all subjects at the end of the program. "The vast income inequality and cost-of-living crisis we are facing is a direct result of policies that put billionaires and huge corporations ahead of the average American. As the affordability crisis worsens–already nearly 2 in 3 of Americans don't have enough savings to cover a $500 emergency–research is proving that guaranteed income not only helps people afford basic necessities, it helps unlock latent potential, create opportunities, and increase the resilience of families and communities," said Michael D. Tubbs, founder of Mayors for a Guaranteed Income. "With more than 250 mayors, county officials and state legislators joining our movement, leaders in 33 states have stepped up to say we are ready to end poverty with evidence-based policy." Ultimately, the collaboration between cities, counties and researchers will produce the largest body of guaranteed income research ever, with more than 30,000 participants. Read more about pilot-specific results, and find new studies as they are released, at and at the Denver Basic Income Project, the Urban Institute (for Austin, TX) and the Arlington Community Foundation (Arlington, VA). Founded in June of 2020 by former Stockton Mayor Michael Tubbs, Mayors for a Guaranteed Income is a coalition of nearly 180 mayors committed to advancing a federal guaranteed income – direct, recurring cash payments to middle and low-income people. Expanding to include city and county legislators in 2023 with Counties for a Guaranteed Income, and state legislators with Legislators for a Guaranteed Income in 2025, the network acts as a research and resource hub for municipal pilots around the country–over 70 and counting. An award-winning documentary film, It's Basic, which premiered at the Tribeca Film Festival in June 2023, follows recipients and illuminates the life-changing impact of guaranteed income programs on families' economic security and opportunity. View original content to download multimedia: SOURCE Mayors for a Guaranteed Income Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
29-04-2025
- Business
- Associated Press
TWO DOZEN STATE LEGISLATORS JOIN NATIONAL GUARANTEED INCOME COALITION
Mayors for a Guaranteed Income announces Legislators for a Guaranteed Income WASHINGTON, April 29, 2025 /PRNewswire/ -- Today, Mayors for a Guaranteed Income (MGI) and Counties for a Guaranteed Income (CGI) announced the expansion of its network of elected officials advocating for unconditional cash aid policies. Legislators for a Guaranteed Income (LGI) is starting with 23 founding members in 17 states. They join a network of over 230 Mayors and county officials championing unconditional cash policies. So far, MGI and CGI have launched a total of 72 guaranteed income pilots, which have distributed about $335 million in direct economic relief. Currently, there are 25 bills introduced in 11 states for some form of statewide guaranteed income program. At a time when key federal aid programs are being dismantled, the abundance of guaranteed income legislation in statehouses shows the increased leadership that state leaders are taking to pick up the slack and bolster economic stability for residents. LGI members have introduced legislation including: 'We need leaders of moral courage who see the world as it is and are ready to fight for a vision of what it can be,' said Tennessee State Representative Justin J. Pearson. 'The call for guaranteed income that Dr. King put out is being answered today by hundreds of cities and counties across the nation, and I'm proud to expand the movement by joining Legislators for a Guaranteed Income.' Partnering with independent researchers, this democratic groundswell is producing the largest body of data proving guaranteed incomeworks. Independent researchers have found higher rates of employment, improved financial stability, better housing and food security, and more time spent together as families, among other benefits. 'I began championing a guaranteed income as a County Supervisor in Santa Clara County, where we launched a pilot program for foster youth aging out of the system. In the California State Senate, I'm proud to have launched the first statewide GI program for foster youth and pregnant women in 2022 and this year I introduced SB 33 to provide homeless high school students with a guaranteed income to help them transition into college and careers,' said California State Senator Dave Cortese. 'A version of this legislation has already been piloted at the county level with state funding I secured. I believe youth in poverty deserve more than just survival—they deserve a real chance to thrive. That's why I'm proud to be a founding member of Legislators for a Guaranteed Income.' As the cost of living rapidly outpaces wage growth, more and more Americans are struggling to get by, despite working multiple jobs. More than one in three are considered working poor, and 63% of working Americans don't have enough saved to cover a $500 emergency–an increasingly common scenario as prices rise on many essentials. 'With the launch of Legislators for a Guaranteed Income, we are expanding our movement from one mayor in one city to more than 250 leaders in local and state government across the nation who believe we can increase economic opportunity with better policy,' said Michael D. Tubbs, founder and Co-Chair of Mayors for a Guaranteed Income. Founding members of Legislators for a Guaranteed Income: CA State Senator Dave Cortese CA State Assemblymember Matt Haney HI State Senator Chris Lee IA State Representative Elinor Levin IL State Senator Graciela Guzman IL State Senator Ram Villivalam MA State Representative Marjorie Decker MD State Senator Cory McCray MD State Delegate Gabriel Acevero MN State Representative Athena Hollins MN State Senator Clare Oumou Verbeten NC State Senator Natalie Murdock NY State Senator Andrew Gounardes OH State Representative Dontavius Jarrells OR State Senator Wlnsvey Campos PA State Representative Malcolm Kenyatta TN State Representative Justin J. Pearson TN State Senate Minority Leader Raumesh Akbari TX State Representative Ron Reynolds VT State Representative Jubilee McGill WA State Senator T'wina Nobles WA State House Speaker Laurie Jinkins WI State Assemblymember Francesca Hong Visit to learn more. Founded in June of 2020 by former Stockton Mayor Michael Tubbs, Mayors for a Guaranteed Income is a coalition of more than 180 mayors committed to advancing a federal guaranteed income – direct, recurring cash payments to middle and low-income people. Expanding to include city and county legislators in 2023 with Counties for a Guaranteed Income, the network acts as a research and resource hub for municipal pilots around the country–over 70 and counting. An award-winning documentary film, It's Basic, which premiered at the Tribeca Film Festival in June 2023, follows recipients and illuminates the life-changing impact of guaranteed income programs on families' economic security and opportunity. View original content to download multimedia: SOURCE Mayors for a Guaranteed Income
